$30k sign-on bonus — Facebook gives $30k signing bonuses to undergrads. valuations(snapchat $3B?), things at least still resemble sanity. — They use that $3B v

$30k sign-on bonus — Facebook gives $30k signing bonuses to undergrads. valuations(snapchat $3B?), things at least still resemble sanity. — They use that $3B valuation to cash out $10 million per founder so they never have to create value for employees (also see Groupon and Zynga insider trading shenanigans). Just sit there and look busy while the CEO brought in potential buyers. — Many companies today admit to doing that. Just bring in friends to sit around and look busy while your potential investors tour the "office" that appeared out of nowhere yesterday. Palantir talked about it in a startup school presentation (but he also made jokes about killing and/or raping babies, so he's not exactly stable). nuts & bananas. — I'm hungry now. not nearly to the degree it was back then. — Back then, everybody thought they could buy a mansion when their IPO popped six months after founding. Today, success is more isolated towards the top end instead of the possibility of success through the entire spectrum. It took Twitter six years to get line-level employees anything while the executives were doing just fine cashing out along the way.